Figure 14-4 -In Figure 14-4, an Unanticipated Shift to a More Restrictive

question 37

Multiple Choice

Figure 14-4
-In Figure 14-4, an unanticipated shift to a more restrictive monetary policy will shift

• A)AD to the right and temporarily increase real GDP.
• B)AD to the left and temporarily reduce real GDP.
• C)AD to the right and SRAS to the left and lead to higher prices (inflation).
• D)both AD and SRAS to the right and lead to an increase in real GDP.

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